TITLE:
Hong Kong SAR, China and BRI’s Globalization
AUTHORS:
Jean A. Berlie
KEYWORDS:
BRI, Economy, Globalization, Hong Kong SAR, India, Macau, OBOR, Silk Road
JOURNAL NAME:
Open Access Library Journal,
Vol.8 No.6,
June
30,
2021
ABSTRACT: This article looks at the differences and similarities between globalization and the role of China on globalization in particular for the Hong Kong Special Administrative Region of China (HKSAR). Design/methodology/approach of this article is based on research, reading, interviews on globalization during many years and the author published a book on the BRI in 2020. China’s Globalization called OBOR in 2013, was replaced by the BRI (Belt and Road Initiative) in 2017. This is a key global new Silk Road not only for China and Asia, but also for Hong Kong Special Administrative Region (China), Macau (China), Australia, Africa, South-East Asia in particular, and countries in Latin America such as Bolivia and Venezuela. The new globalization of the century called Belt and Road Initiative (BRI) is a unique and global way to boost the economy of China and reinvent the Maritime and Land Silk Road of China which is 2000 years old. The role of the HKSAR linked with the Greater Bay Area is not well known. Macau also plays a role because it was the first point of globalization in the sixteenth century. China, the second economy of the world is really a global country, and Chinese are numerous in all continents. Chinese Internet role is also important. Hong Kong SAR is part of the Greater Bay Area. China is currently developing the new globalization of the century called BRI.